The Gainful Employment Rules became effective on July 1, 2015, and you probably already know that your institution has a deadline to report six years’ worth of institutional, student and financial data to the Department of Education (ED) by July 31.
The US Department of Education has set the deadline for institutions to file corrections to their “student completer lists” as the next major step in ED’s effort to publish the first set of rates under the Gainful Employment Rule.
The US Department of Education just announced its intent to issue the first set of official Debt to Earnings Rates (D/E Rates) under the Gainful Employment Rule (GE Rule) in January 2017.
The US Department of Education has announced another delay in the distribution of the Completer Lists for Gainful Employment programs until Spring 2016, which is bound to push back the date for ED to issue the first set of Draft GE Rates and, ultimately, Final GE Rates.
As additional elements of the Gainful Employment Rules (GE) have become effective, the Department of Education (ED) has provided additional formal and informal guidance regarding its expectations for reporting, certification, and disclosures.
The Department of Education published another announcement in its series of Electronic Announcements (EAs) last week, as it prepares to implement the new Gainful Employment (GE) regulations. Those regulations are scheduled to go into effect on July 1, 2015, unless blocked in court.